Acute Care Gas LLC
Acute Care Gas LLC is a business in Wolcott, Connecticut, in the medical, dental, and hospital equipment and supplies merchant wholesalers industry. It was financed with an SBA 7(a) loan for a change of ownership of $2.8 million, approved by KeyBank National Association on May 23, 2024. The loan reports 32 jobs.
SBA 7(a) loan, change of ownership, approved May 23, 2024
$2,800,000 approvedLender: KeyBank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,800,000
- SBA-guaranteed amount
- $2,100,000 (75% of the approval)
- Lender
- KeyBank National Association, Cleveland, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 23, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $38,175 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 7, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 32
- Business type
- Corporation
- NAICS
- 423450, Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
- Project location
- Naugatuck Vly County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 80% of acquisition loans in Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers on this site.
- Average acquisition loan in Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers: $1,918,150.
- Average acquisition loan in Connecticut: $1,992,959.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Connecticut
- R.a. Caldwell Company Inc., Stamford